Dai DAI
Current Price
$0.9997 +0.03%
$0.0004 Daily Range (0.04%)
$0.9994$0.9998
$108.66M Daily Volume
1,445 BTC
Vol/MktCap: 2.49%
Market Performance
0.24% Relative BTC Volume
The total volume of Dai is $108.66M over the past 24 hours, compared to $44.78B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9995 +0.02%
13 SMA $0.9995 +0.02%
21 SMA $0.9996 +0.01%
55 SMA $0.9996 +0.01%
144 SMA $0.9996 +0.01%
Price Performance
+0.03% 1 Hour Change
$0.9997 from $0.9994
-0.02% 7 Day Change
-$0.0002 from $0.9999
-0.03% 14 Day Change
-$0.0003 from $1.0000
-0.02% 30 Day Change
-$0.0002 from $0.9999
All Time High
March 13, 2020
$1.22 -17.99%
-$0.2195 vs. now
24H Change
31.42M USD +0.72%
418 BTC
Volume and Supply
Total Supply: 4.37B DAI 
4.37B DAI Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
218.40 x BTC Supply218:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
108.71M DAI
traded over past 24 hours
2.49% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at $0.999448, showing a slight decline of 0.02396% over the past 24 hours. The daily price range has been narrow, with a high of $0.999753 and a low of $0.99936, indicating stable price behavior typical for a stablecoin.
Volume has reached 132,091,076, contributing to a market cap volume ratio of 3.02%. The stability in trading volume suggests that DAI is maintaining its peg to the US dollar, as expected from a stablecoin, although the slight downturn in price indicates marginal selling pressure.
Technical indicators reveal that the hourly moving averages are clustering around the current price, with the 8 SMA at $0.9995 and the 13, 21, and 55 SMAs showing negligible declines. The 1-hour Relative Strength Index (RSI) stands at 51, suggesting neutral momentum, while the 7-day RSI at 48 indicates the asset is slightly oversold, which could present a buying opportunity.
In terms of price changes, DAI has seen a 7-day drop of 0.0389%, a 14-day decline of 0.0627%, and a 30-day decrease of 0.0555%. These declines suggest a mild bearish trend, but considering DAI's nature as a stablecoin, significant volatility is less pronounced.
Overall, DAI's price stability is holding close to its intended peg, with minimal fluctuations that are typical for its category. Given the neutral RSI indicators and the stable trading volume, the current price action does not suggest immediate risk of deviation from its peg.
Considering the data presented, a "Hold" rating is appropriate at this time. The asset remains stable, maintaining its peg to the US dollar, and while there are slight bearish trends in the short term, these do not indicate a significant threat to its overall stability as a stablecoin.
Volume has reached 132,091,076, contributing to a market cap volume ratio of 3.02%. The stability in trading volume suggests that DAI is maintaining its peg to the US dollar, as expected from a stablecoin, although the slight downturn in price indicates marginal selling pressure.
Technical indicators reveal that the hourly moving averages are clustering around the current price, with the 8 SMA at $0.9995 and the 13, 21, and 55 SMAs showing negligible declines. The 1-hour Relative Strength Index (RSI) stands at 51, suggesting neutral momentum, while the 7-day RSI at 48 indicates the asset is slightly oversold, which could present a buying opportunity.
In terms of price changes, DAI has seen a 7-day drop of 0.0389%, a 14-day decline of 0.0627%, and a 30-day decrease of 0.0555%. These declines suggest a mild bearish trend, but considering DAI's nature as a stablecoin, significant volatility is less pronounced.
Overall, DAI's price stability is holding close to its intended peg, with minimal fluctuations that are typical for its category. Given the neutral RSI indicators and the stable trading volume, the current price action does not suggest immediate risk of deviation from its peg.
Considering the data presented, a "Hold" rating is appropriate at this time. The asset remains stable, maintaining its peg to the US dollar, and while there are slight bearish trends in the short term, these do not indicate a significant threat to its overall stability as a stablecoin.
Updated 79 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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